For many spouses, sharing financial accounts is part of being married. In divorce, however, any unclosed joint accounts can cause trouble. That’s why I recommend being diligent in closing open joint accounts. Then following up with the financial institution to make sure your requests are carried out.
Many Florida families include a child or adult with disabilities. When the level of disability makes the child or adult eligible for programs like SSI, Medicaid and other means-tested government programs, their families have often faced great difficulty in financially planning for the disabled family member’s future care and services. It is no secret that...
Many, if not most, married couples happily combine their financial resources into jointly held accounts, investments and property. When one marital partner brings substantial wealth into the marriage, he or she may think it unromantic or untrusting to hold those funds in a separate account in only his or her name. After all, isn’t marriage...
A common award in divorces is the temporary exclusive use and possession of the marital home until the youngest minor child turns age eighteen or graduates from high school. Usually the divorcing spouses must sell the home and split the proceeds when the period of exclusive use and possession ends. Rarely is any consideration given...
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